Thushara Nidhi Limited
About Thushara Nidhi Limited
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Thushara Nidhi Limited is a nidhi company based in Thrissur, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 27 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65990KL2019PLC058586.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.34 Lakh. It is led by directors including Shara Puliparambil Mohandas (Managing Director) and Jasmin.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Thrissur, Kerala.
As per the financials filed for FY 2022, the company reported a revenue of ₹17.2 Lakh, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹61,005 (net margin 3.5%) and EBITDA of ₹1.12 Lakh (EBITDA margin 6.5%).
Court records list 5 cases involving the company, including 5 filed against it; 3 cases are pending.
Company details
Contact details
Thushara Nidhi Limited's registered office is in Thrissur, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No. 11/298/5 Ground Floor Chummar Arcade Aranattuka, Ra, Thrissur, Kerala, India – 680618
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Thushara Nidhi Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Thushara Nidhi is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Thushara Nidhi Limited, buy the company report.
Financials of Thushara Nidhi Limited
FY 2022 filings availableThushara Nidhi Limited reported revenue of ₹17.2 Lakh (up 76% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 76% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.12 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹61,005 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
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| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 6.5% | ||
| Net Profit Margin | 3.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Thushara Nidhi Limited, buy the company report.
Board of directors of Thushara Nidhi Limited
Thushara Nidhi has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasmin | Director | 27 Jun 2019 | 7 Years 4 Months | Current |
| Shara Puliparambil Mohandas Also directs: BBC Digital Trade LLP, Acumens Business Solutions Private Limited | Managing Director | 27 Jun 2019 | 7 Years 4 Months | Current |
| Nishanth Erumbissery Gopinath | Director | 27 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Thushara Nidhi Limited is compared with the 9 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kovai Sri Vasavambigai Chit Funds Private Limited | ₹17.25 Lakh (FY 2025) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Sivalingam Chits Private Limited | ₹17.23 Lakh (FY 2024) | 2.0% | Chennai, Tamil Nadu, India | |||
| Dev Rising Nidhi Limited | ₹17.22 Lakh (FY 2020) | Shimla, Himachal Pradesh, India | ||||
| Janlaxmi Chit Fund Private Limited | ₹17.2 Lakh (FY 2016) | 49.0% | Nashik, Maharashtra, India | |||
| Thushara Nidhi Limitedthis company | ₹17.2 Lakh (FY 2022) | ₹61,005 | 3.5% | 76.0% | Thrissur, Kerala, India | |
| Vilvattom Kuries Private Limited | ₹17.09 Lakh (FY 2025) | -13.0% | Thrissur, Kerala, India | |||
| MCP Nidhi Limited | ₹17.04 Lakh (FY 2025) | 7.0% | Thrissur, Kerala, India | |||
| Diksuchi Chit Funds Private Limited | ₹17.02 Lakh (FY 2019) | 141.0% | Huzur Nagar, Telangana, India | |||
| CRN Chits Private Limited | ₹16.97 Lakh (FY 2024) | 12.0% | Tiruchirappalli, Tamil Nadu, India | |||
| Indusland Gramin Nidhi Limited | ₹16.96 Lakh (FY 2025) | 23.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Thushara Nidhi Limited, buy the company report.
Shareholding
The shareholding of Thushara Nidhi Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Thushara Nidhi Limited, buy the company report.
Legal cases
Thushara Nidhi Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Malappuram, Kerala | Court case (Crl.RP) | Filed against the company | Pending |
| District court, Palakkad, Kerala | Criminal case | Filed against the company | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed against the company by an individual | Pending |
| District court, Malappuram, Kerala | Court case (Crl.RP) | Filed against the company | Disposed |
| District court, Thrissur, Kerala | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Thushara Nidhi Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Thushara Nidhi Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Thushara Nidhi Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Thushara Nidhi Limited has 3 board changes on record since 2019: 3 appointments. The latest: Jasmin was appointed as Director on 27 Jun 2019.
Frequently asked questions
Thushara Nidhi is an active nidhi company based in Thrissur, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 27 June 2019 (7+ years old) and is registered under CIN U65990KL2019PLC058586.
Thushara Nidhi has 3 current directors:
- Shara Puliparambil Mohandas - Managing Director
- Jasmin - Director
- Nishanth Erumbissery Gopinath - Director
The latest financial statements of Thushara Nidhi on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Thushara Nidhi is U65990KL2019PLC058586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thushara Nidhi has 5 court cases on record: 5 filed against it. 3 are pending.
Thushara Nidhi was incorporated on 27 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Thushara Nidhi by revenue are Kovai Sri Vasavambigai Chit Funds Private Limited, Sivalingam Chits Private Limited, Dev Rising Nidhi Limited, Janlaxmi Chit Fund Private Limited, Vilvattom Kuries Private Limited and 4 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Jasmin was appointed as Director on 27 Jun 2019. Nishanth Erumbissery Gopinath was appointed as Director on 27 Jun 2019. Shara Puliparambil Mohandas was appointed as Managing Director on 27 Jun 2019.
The registered office of Thushara Nidhi is at Room No. 112985 Ground Floor Chummar Arcade Aranattuka, Ra, Thrissur, Kerala, India – 680618.
Thushara Nidhi operates in the financial services industry, in the microfinance institutions segment.
Thushara Nidhi can be reached at its registered office: Room No. 112985 Ground Floor Chummar Arcade Aranattuka, Ra, Thrissur, Kerala, India – 680618.
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